Apple Considers MGM Buyout
After the abysmal start to Apple’s new streaming service, Apple TV+, the tech company is searching for relevance with a new leader and a possible strategic acquisition.
Starz
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Netflix Takes Europe
To gain a global content edge, Netflix has set into motion a EU production boom with plans to produce over 225 films and shows in Europe. Netflix currently controls 53% of the SVOD market in Europe.
Streaming in America
Since first delivering DVDs to homes via the postal service, Netflix has come to dominate the SVOD market. The streamer has 67 million subscribers in North America, which takes its total to nearly 160 million worldwide.
Netflix Outspends
The reason for this lavishly spending spree is in response to new streaming competition by the studios and the upcoming exodus of content.
Lionsgate Considers Separation
Lionsgate is said to be in talks to split its film and television production business from its recently acquired premium-channel Starz into separate companies.
Lionsgate Films Are Disney Bound
Starting in 2020, films released by Lionsgate will be distributed on the Hulu streaming service, and FX, the basic-cable channel now owned by Disney after the takeover of Fox.
The Starz Farce
The timing of the anonymous leak that CBS was prepared to pay Lionsgate $5 billion for Starz, raises serious questions about possible market manipulation.
Rocky Media Marriage
The uneasy marriage between Lionsgate and Starz has been a rocky one from the start. The biggest clash relates to Lionsgate’s television division.
Up In Flames
Lionsgate lobbied to become the belle of the buyout ball last year in Hollywood, but Prince Charming never arrived.